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      Lockheed Martin

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      Lockheed Martin reviews

      4.1

      84% would recommend to a friend

      (3,563 total reviews)
      avatar

      James D. Taiclet

      83% approve of CEO

      73% positive business outlook

      Ratings by category

      4.2

      Work/Life balance

      4.1

      Career opportunities

      4.0

      Diversity & inclusion

      3.9

      Compensation and benefits

      3.8

      Culture & values

      3.5

      Senior management

      Ratings by demographic groups

      Reviews by job title

      4K reviews

      Reviews about "Compensation"

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      3.0
      Jul 28, 2014

      Large Company, plenty of differing job paths for a career

      Senior software engineer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Challenging work and a good working team environment with in the departments to build and deliver the best for our customer. Good work/life balance with flexible hours and first level management support. Good compensation package, health Medical, dental, life and 401K.

      Cons

      Limited advancement within department structure or transfers to other departments are management determined . Work can be repetitive and boring at times until process issues or parts issue develop. Note there is very little room for out of the box thinking for all ideas to improve the process and decrease costs.

      2.0
      Jul 26, 2014

      Stagnant

      Mechanical engineer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Flexible hours (9/80 and in general). Good work life balance (easy to put in your "40" hours and go home). I had great co-workers in my group. The end product is super cool. Tuition reimbursement was generous. For post-pension people who aren't impacted by the pension freeze the 401k matching and employer defined contribution retirement plan is quite good.

      Cons

      Promotions are virtually impossible to obtain without changing jobs. Many people are working above their salary grade without promotions to keep costs down. Yearly raises are minimal and generally don't keep up with increasing medical benefit costs let alone inflation. Pay is significantly below market rate in the Silicon Valley. Lots of bureaucracy and road blocks to deal with on a daily basis to accomplish work. If your direct management won't fight for you your minimal chances at promotions and good raises get even more minimal. Lack of new business coming in now does not create growth opportunities.

      5.0
      Jul 26, 2014

      Great Company - high performance environment with high expectations but good compensation for delivering on commitments.

      Project engineer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Leading technology company. Mission-oriented - with emphasis on delivering value to the warfighter. Interesting work and work environment. Professional co-workers. Good compensation. Emphasis on continuous improvement and education.

      Cons

      Sometimes stressful. Very performance driven. Benefits are being reduced for people just now joining the company. Training is difficult to get at remote work locations, although company does excellent job providing on-line resources.

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